Day: January 18, 2010

January 18
2010

Swiss Franc Climbs Despite Intervention Warning

The Swiss franc gained versus several key-currencies today despite the nation’s central bank concerns regarding the strength of its currency, which already was expressed previously in statements mentioning eventual future interventions to halt the franc’s rally. Even if the Swiss National Bank President Philipp Hildebrand stated last week that franc’s fluctuations will be monitored closely, expressing concern with the Swiss currency high rates, the franc […]

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January 18
2010

Real Rebounds on Brazilian Stock Market

After a week of losses versus most of the main traded currencies in foreign-exchange markets, the Brazilian real advanced today fueled by a positive performance in commodities and equities markets. The Brazilian real gained today versus the yen and the U.S. dollar as demand for commodities and optimism regarding the nation’s economy allowed the South American currency to revert a negative trend that lasted five consecutive days. A great sum of capital inflows to Brazilian stocks also influenced on the good […]

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January 18
2010

Pound Climbs on House Prices, Optimism

The U.K. currency profited today from an increase in the nation’s house prices, fueling even further speculations that the recession might be ending in Britain, attracting investors to purchase pound-priced assets in a day of bullish equities markets in London. In a day of predominant risk appetite as commodities and equities advanced in the U.K., the pound profited from an optimistic scenario in the country as Rightmove Plc, a leading British real estate website, indicated that house prices increased […]

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January 18
2010

Canadian Dollar Continues Bullish Pattern on Commodities

The Canadian dollar started another week trading high versus its U.S. counterpart as markets that influence its rates rallied in the start of this week, specially energetic and metallic commodities, before tomorrow’s interest rate decision in the North American nation. After a rather bearish past week for the crude oil which posted consecutive days of losses as risk aversion rose in Europe and China, the Canadian dollar benefited from a rebound in the oil […]

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January 18
2010

Support and Resistance Indicator in MetaTrader 5

It’s been a while since the last time I’ve converted some indicator from MT4 to MT5 platform. So, today I present Support and Resistance indicator, which was initially written by Barry Stander for MetaTrader 4. It was a very simple conversion since the code was quite small in the MT4 version. The indicator uses only one standard MetaTrader indicator — Bill Williams’ Fractals. The resulting converted version of the indicator for MT5 […]

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January 18
2010

Pound May Climb On Asset Purchase Program Ending

The U.K. currency may be experience a shift on its sentiment as speculations suggest that the current quantitative easing measures used by the nation’s central bank will be terminated, as the country starts to publish positive economic reports, suggesting that the recession may be ending in the British Isles. This week will be decisive for the pound as inflation yearly numbers are due to be published the next Tuesday, and if forecasts will be […]

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